MONTHLY STATS REPORT JULY 2022
Executive Summary Closed sales in both single-family home and condominium markets declined by 22.8% yearover-year. Sales also slipped from a month ago, down 12.6% for single-family homes and 17.3% for condos. Pending sales were down year-over-year 31.4% for single-family homes and 26.4% for condos. Fewer new listings were added to the market compared to a year ago, with 386 single-family home listings, a 17.7% year-over-year decline, and 616 condo listings, down 7.2% from last July. However, the active inventory of single-family homes was 38.8% more than last year, and the active inventory of condos was up 8.4%. Single-family home sales fell across most regions on O‘ahu, with the largest drop in sales volume occurring in the Ewa Plain, Kāne‘ohe, and Leeward regions. In the condo market, the Metro region accounted for the largest decline in sales volume, ending the month down 26.7% with 285 sales compared to 389 a year ago. Forty-nine percent of July single-family home sales closed above the original asking price compared to 70% one year ago and 62% one month ago. Although the majority, or 66%, of sold single-family homes received the full asking price or more, that share also fell compared to 79% of sales during the same time last year. The portion of condo sales that closed above the original asking price was 37%, nearly flat with the previous year’s 38%, but down slightly compared to recent months. Sixty percent of closed condo sales in July received the full asking price or more compared to 62% both a year ago and last month. A larger portion of new single-family home listings remained in active inventory at the end of the month. Out of the 386 new listings, 243, or 63%, remained active compared to 46% last year. Similarly, the condo market also saw a larger share of new listings remaining in active inventory at the end of the month. Of the 616 new listings, 353 or 57% remained active compared to 49% at the end of July 2021.
Page 1 of 34
Monthly Indicators OAHU, HAWAII
Single-Family Homes
Condos
July 2022
Jul-22
Jul-21
YoY %chg
Jun-22
MoM %chg
Jul-22
Jul-21
YoY %chg
Jun-22
MoM %chg
Closed Sales
312
404
-22.8%
357
-12.6%
518
671
-22.8%
626
-17.3%
Median Sales Price
$1,107,944
$992,500
11.6%
$1,100,000
0.7%
$500,000
$475,000
5.3%
$534,000
-6.4%
Average Sales Price
$1,329,023
$1,265,382
5.0%
$1,382,559
-3.9%
$590,934
$544,064
8.6%
$631,822
-6.5%
11
9
22.2%
10
10.0%
12
11
9.1%
11
9.1%
100.0%
103.9%
-3.8%
102.0%
-2.0%
100.0%
100.0%
0.0%
100.0%
0.0%
New Listings
386
469
-17.7%
391
-1.3%
616
664
-7.2%
686
-10.2%
Pending Sales*
297
433
-31.4%
305
-2.6%
484
658
-26.4%
501
-3.4%
Active Inventory*
576
415
38.8%
527
9.3%
1,050
969
8.4%
998
5.2%
Total Inventory in Escrow*
479
735
-34.8%
509
-5.9%
676
1,026
-34.1%
728
-7.1%
1.6
1.1
45.5%
1.5
6.7%
1.7
1.8
-5.6%
1.6
6.2%
Median Days on Market Percent of Orig. List Price Received
Months Supply of Active Inventory* *see footnotes on pages 9-12 regarding methodology updates
YoY % chg = year-over-year percent change comparing current month to the same month last year. MoM% chg = month-over-month percent change comparing current month to the previous month.
Single-Family Homes
Year-to-Date
Condos
YTD-2022
YTD-2021
1-yr %chg
YTD-2020
2-yr %chg
YTD-2022
YTD-2021
1-yr %chg
YTD-2020
2-yr %chg
2,266
2,547
-11.0%
1,974
14.8%
4,214
4,108
2.6%
2,440
72.7%
Median Sales Price
$1,110,500
$950,000
16.9%
$790,000
40.6%
$515,000
$459,000
12.2%
$430,000
19.8%
Average Sales Price
$1,415,213
$1,204,248
17.5%
$959,247
47.5%
$615,320
$537,973
14.4%
$500,776
22.9%
10
9
11.1%
19
-47.4%
11
13
-15.4%
30
-63.3%
101.6%
101.8%
-0.2%
98.6%
3.0%
100.0%
100.0%
0.0%
97.8%
2.2%
New Listings
2,745
2,966
-7.5%
2,666
3.0%
4,830
4,834
-0.1%
4,149
16.4%
Pending Sales*
2,339
2,800
-16.5%
2,457
-4.8%
4,157
4,512
-7.9%
2,733
52.1%
Closed Sales
Median Days on Market Percent of Orig. List Price Received
*see footnotes on pages 9-12 regarding methodology updates
1-yr % chg = percent change comparing the current YTD time period to the same YTD time period one year ago. 2-yr % chg = percent change comparing the current YTD time period to the same YTD time period two years ago.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 2 of 34
Closed Sales
July 2022 OAHU, HAWAII
Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
451 404 425 424 381 371 378 326 241 321 365 344 357
730 671 675 615 611 601 593 552 486 672 672 688 626
1,181 1,075 1,100 1,039 992 972 971 878 727 993 1,037 1,032 983
Jul-22
312
518
830
Monthly Closed Sales
Year-to-Date Closed Sales
July
SFH
YoY %chg
CND
YoY %chg
July
2020
361
-3.0%
426
-17.0%
2020
1,974
-4.5%
2,440
-21.2%
2021
404
11.9%
671
57.5%
2021
2,547
29.0%
4,108
68.4%
2022
312
-22.8%
518
-22.8%
2022
2,266
-11.0%
4,214
2.6%
SFH (Jul)
2020
2021
SFH (YTD)
CND (Jul)
2022
YTD SFH YoY %chg YTD CND YoY %chg
CND (YTD)
2020
2021
2022
Closed Sales
Total 885 872 813 819 754 737 644 563 713 591 502 614 787 779 847 825 745 934 683 706 987 1,020 1,003
Closed Sales
Condos 513 512 466 472 434 428 379 316 410 343 254 312 426 409 456 480 407 514 392 446 626 645 598
Closed Sales
Single-Family Homes 372 360 347 347 320 309 265 247 303 248 248 302 361 370 391 345 338 420 291 260 361 375 405
Closed Sales
Mo-Yr Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
Sales
(A count of properties that have closed in a given month)
2020
2021
2022
2020
2021
2022
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 3 of 34
Median Sales Price
July 2022 OAHU, HAWAII
(The median sales price of all closed properties in a given month)
Mo/Yr Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
Single-Family Homes $835,000 $790,000 $777,000 $780,000 $794,750 $820,000 $770,000 $765,000 $810,000 $809,000 $797,000 $770,000 $815,000 $839,000 $880,000 $865,000 $872,500 $870,000 $883,000 $917,500 $950,000 $928,000 $978,000
$461,500 $419,500 $445,000 $441,000 $415,000 $425,500 $429,000 $430,000 $435,000 $450,000 $399,000 $421,500 $440,000 $430,000 $445,000 $439,500 $420,000 $455,000 $452,000 $457,500 $451,000 $450,000 $457,750
Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
$979,000 $992,500 $1,050,000 $1,050,000 $1,000,000 $1,050,000 $1,050,000 $1,050,000 $1,125,000 $1,150,000 $1,105,000 $1,153,500 $1,100,000
$460,000 $475,000 $500,000 $478,000 $500,000 $500,000 $485,000 $510,000 $497,000 $515,500 $510,000 $516,500 $534,000
Jul-22
$1,107,944
$500,000
Price ($)
Condos
Monthly Median Sales Price
Year-to-Date Median Sales Price
July
SFH
YoY %chg
CND
YoY %chg
July
YTD SFH
YoY %chg
YTD CND
2020
$815,000
-2.4%
$440,000
-4.7%
2020
$790,000
0.6%
$430,000
1.2%
2021
$992,500
21.8%
$475,000
8.0%
2021
$950,000
20.3%
$459,000
6.7%
2022
$1,107,944
11.6%
$500,000
5.3%
2022
$1,110,500
16.9%
$515,000
12.2%
SFH (YTD)
2021
2022
2020
2021
2022
Price ($)
Price ($) 2020
CND (YTD)
Price ($)
CND (Jul)
Price ($)
SFH (Jul)
YoY %chg
2020
2021
2022
2020
2021
2022
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 4 of 34
Average Sales Price
July 2022 OAHU, HAWAII
(The average sales price of all closed properties in a given month)
Mo/Yr Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
Single-Family Homes $978,651 $961,456 $952,257 $924,895 $1,058,258 $983,758 $899,689 $974,283 $972,367 $941,708 $1,003,419 $899,271 $1,016,491 $1,022,449 $1,073,692 $1,065,594 $1,084,834 $1,113,076 $1,050,263 $1,172,804 $1,226,827 $1,194,150 $1,246,611
$530,870 $486,234 $545,491 $516,273 $485,383 $576,898 $508,395 $527,836 $528,606 $521,484 $453,220 $481,220 $475,346 $527,573 $545,367 $479,736 $472,726 $504,222 $496,296 $545,629 $530,257 $520,192 $555,798
Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
$1,225,011 $1,265,382 $1,316,681 $1,289,510 $1,335,171 $1,296,551 $1,303,481 $1,277,309 $1,486,088 $1,570,668 $1,404,481 $1,450,008 $1,382,559
$557,302 $544,064 $618,612 $558,002 $582,509 $559,007 $604,749 $623,928 $583,367 $623,684 $613,189 $625,327 $631,822
Jul-22
$1,329,023
$590,934
Price ($)
Condos
Monthly Average Sales Price
Year-to-Date Average Sales Price
July
SFH
YoY %chg
CND
YoY %chg
July
YTD SFH
YoY %chg
YTD CND
YoY %chg
2020
$1,016,491
3.9%
$475,346
-10.5%
2020
$959,247
2.3%
$500,776
-3.3%
2021
$1,265,382
24.5%
$544,064
14.5%
2021
$1,204,248
25.5%
$537,973
7.4%
2022
$1,329,023
5.0%
$590,934
8.6%
2022
$1,415,213
17.5%
$615,320
14.4%
Price ($) 2020
2021
2022
CND (YTD)
2020
2021
2022
Price ($)
SFH (YTD)
Price ($)
CND (Jul)
Price ($)
SFH (Jul)
2020
2021
2022
2020
2021
2022
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 5 of 34
Median Days on Market
July 2022 OAHU, HAWAII
8 9 9 9 10 11 11 12 13 9 10 10 10
11 11 12 11 11 9 13 14 14 9 12 10 11
Jul-22
11
12
Monthly Median Days on Market
Year-to-Date Median Days on Market
July
SFH
YoY %chg
CND
YoY %chg
July
2020
13
-23.5%
26
0.0%
2020
19
-13.6%
30
15.4%
2021
9
-30.8%
11
-57.7%
2021
9
-52.6%
13
-56.7%
2022
11
22.2%
12
9.1%
2022
10
11.1%
11
-15.4%
SFH (Jul)
CND (Jul)
2020
2021
2022
YTD SFH YoY %chg YTD CND YoY %chg
SFH (YTD)
CND (YTD) Days on Market
Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
Days on Market
Condos 26 22 27 26 26 30 33 34 23 27 23 40 26 23 21 18 16 19 18 18 14 13 12
Days on Market
Single-Family Homes 17 27 29 23 23 18 35 35 15 19 13 20 13 15 9 10 10 10 9 9 9 9 8
Days on Market
Mo/Yr Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
Days on Market
(Days on Market represents the number of days from when a property is first listed to when an offer is accepted; the Median Days on Market represents the median of all sales in a given month)
2020
2021
2022
2020
2021
2022
2020
2021
2022
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 6 of 34
Percent of Original List Price Received
July 2022 OAHU, HAWAII
104.2% 103.9% 103.0% 103.1% 102.2% 102.2% 102.1% 101.6% 100.8% 102.0% 102.6% 102.2% 102.0%
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Jul-22
100.0%
100.0%
Monthly Percent of Original List Price Received
Year-to-Date Percent of Original List Price Received
July
SFH
YoY %chg
CND
YoY %chg
July
2020
98.8%
2.8%
97.9%
1.7%
2020
98.6%
1.3%
97.8%
1.0%
2021
103.9%
5.2%
100.0%
2.1%
2021
101.8%
3.2%
100.0%
2.2%
2022
100.0%
-3.8%
100.0%
0.0%
2022
101.6%
-0.2%
100.0%
0.0%
SFH (Jul)
2020
2021
SFH (YTD)
CND (Jul)
2022
YTD SFH YoY %chg YTD CND YoY %chg
CND (YTD)
2020
2021
2022
Percent Received
Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
Percent Received
Condos 96.3% 98.1% 97.7% 98.2% 97.8% 97.5% 97.6% 97.3% 98.1% 98.1% 97.8% 97.7% 97.9% 98.3% 98.6% 98.3% 99.0% 98.5% 98.8% 98.8% 99.1% 99.6% 100.0%
Percent Received
Single-Family Homes 96.1% 98.0% 98.4% 98.0% 97.8% 98.5% 97.8% 98.3% 98.7% 98.9% 99.0% 98.7% 98.8% 98.7% 100.0% 100.0% 100.0% 100.0% 100.7% 100.0% 100.4% 101.9% 101.4%
Percent Received
Mo/Yr Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
Percent Received
(The percentage found when dividing a property's sales price by the original list price; reported percentage is the median of all sales for the period indicated)
2020
2021
2022
2020
2021
2022
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 7 of 34
New Listings
July 2022 OAHU, HAWAII
(A count of properties that have been newly listed on the market in a given month)
Mo-Yr Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
Single-Family Homes 520 484 451 461 342 229 428 399 390 290 345 392 422 387 368 380 379 264 365 322 439 459 430
Condos 778 753 638 653 585 450 696 639 610 440 509 598 657 696 576 664 561 466 659 623 715 706 683
1,298 1,237 1,089 1,114 927 679 1,124 1,038 1,000 730 854 990 1,079 1,083 944 1,044 940 730 1,024 945 1,154 1,165 1,113
Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
482 469 460 412 376 358 245 320 367 412 424 445 391
784 664 721 738 717 639 527 666 739 714 722 687 686
1,266 1,133 1,181 1,150 1,093 997 772 986 1,106 1,126 1,146 1,132 1,077
Jul-22
386
616
1,002
Listings
Total
Monthly New Listings
Year-to-Date New Listings
July
SFH
YoY %chg
CND
YoY %chg
July
2020
422
-18.8%
657
-15.6%
2020
2,666
-22.3%
4,149
-20.6%
2021
469
11.1%
664
1.1%
2021
2,966
11.3%
4,834
16.5%
2022
386
-17.7%
616
-7.2%
2022
2,745
-7.5%
4,830
-0.1%
CND (Jul)
2021
2022
Closed Sales
New Listings
2020
CND (YTD)
2020
2021
2022
Closed Sales
SFH (YTD)
Closed Sales
SFH (Jul)
YTD SFH YoY %chg YTD CND YoY %chg
2020
2021
2022
2020
2021
2022
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 8 of 34
Pending Sales*
July 2022 OAHU, HAWAII
Mo/Yr
Single-Family Homes
Condos
Total
Jul-19
393
510
903
Aug-19
396
502
898
Sep-19
337
443
780
Oct-19
349
441
790
Nov-19
301
419
720
Dec-19
240
319
559
Jan-20
328
405
733
Feb-20
357
449
806
Mar-20
316
379
695
Apr-20
274
234
508
May-20
337
329
666
Jun-20
423
454
877
Jul-20
422
483
905
Aug-20
410
493
903
Sep-20
389
451
840
Oct-20
358
484
842
Nov-20
394
470
864
Dec-20
315
438
753 863
Listings
(A measure of contract activity represented by a count of properties that have had offers accepted on them during a given month)
Jan-21
329
534
Feb-21
365
572
937
Mar-21
370
656
1,026
Apr-21 May-21
450 431
727 699
1,177 1,130
Jun-21
422
666
1,088
July
SFH
YoY %chg
CND
YoY %chg
July
Jul-21
433
658
1,091
2020
422
7.4%
483
-5.3%
2020
2,457
-0.2%
2,733
-20.8%
Aug-21
415
617
1,032
2021
433
2.6%
658
36.2%
2021
2,800
14.0%
4,512
65.1%
Sep-21
398
629
1,027
2022
297
-31.4%
484
-26.4%
2022
2,339
-16.5%
4,157
-7.9%
Oct-21
400
630
1,030
Nov-21
367
573
940
Dec-21
287
511
798 889 959
Mar-22
384
691
1,075 1,029
Apr-22
366
663
May-22
356
601
957
Jun-22
305
501
806
Jul-22
297
484
781
SFH (YTD)
2020
2021
2022
CND (YTD)
2020
2021
2022
Pending Sales
643
CND (Jul)
YTD SFH YoY %chg YTD CND YoY %chg
Pending Sales
574
316
SFH (Jul) Pending Sales
315
Year-to-Date Pending Sales
Pending Sales
Jan-22 Feb-22
Monthly Pending Sales
2020
2021
2022
2020
2021
2022
*Methodology updated as of 2021 to reflect a count of properties that entered contract within the given month and remain in escrow status at the end of the month (also applied to historical data shown above). Pending Sales, in reports prior to 2021, reflect a count of all listings that held a Pending (EN) status throughout the given month.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 9 of 34
Active Inventory*
July 2022 OAHU, HAWAII
Mo/Yr
Single-Family Homes
Condos
Total
Jul-19
1,137
1,863
3,000 2,955
Aug-19
1,086
1,869
Sep-19
1,080
1,892
2,972
Oct-19
1,086
1,874
2,960 2,809
Nov-19
995
1,814
Dec-19
833
1,685
2,518
Jan-20
833
1,789
2,622
Feb-20
814
1,784
2,598
Mar-20
825
1,845
2,670
Apr-20
804
1,860
2,664
May-20
797
1,858
2,655
Jun-20
683
1,815
2,498 2,455
Jul-20
642
1,813
Aug-20
565
1,792
2,357
Sep-20
529
1,742
2,271
Listings
(The number of properties in Active (A) status at the end of the given month)
Oct-20
521
1,715
2,236
Nov-20
503
1,645
2,148
Dec-20 Jan-21
419 417
1,459 1,396
1,878 1,813
Feb-21
350
1,332
1,682
July
Active Inventory
Total Active Inventory: Single-Family Homes + Condos
SFH
YoY %chg
CND
YoY %chg
Mar-21
379
1,257
1,636
2020
642
-43.5%
1,813
-2.7%
Apr-21
381
1,133
1,514
2021
415
-35.4%
969
-46.6%
2022
576
38.8%
1,050
8.4%
983
1,320
377
1,025
1,402
Jul-21
415
969
1,384
Aug-21
416
950
1,366
Sep-21
437
1,030
1,467
Oct-21
401
1,039
1,440
Nov-21
366
1,033
1,399
Dec-21
309
946
1,255
Jan-22
311
967
1,278
Feb-22
348
989
1,337
Mar-22
360
919
1,279
Apr-22
395
917
1,312
May-22
471
939
1,410
Jun-22
527
998
1,525
Jul-22
576
1,050
1,626
SFH (Jul) Active Listings
337
Jun-21
2020
2021
2022
CND (Jul) Active Listings
May-21
2020
2021
2022
*Indicator modified as of 2021 to reflect Active status listings only and applied to historical monthly data shown above. Previous report indicator, referred to as Active Listings, reflected all actively marketed listings in A and ES status.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 10 of 34
Total Inventory In Escrow*
July 2022 OAHU, HAWAII
Condos
Total
Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21
633 655 615 583 561 458 523 608 569 543 625 703 742 748 702 693 711 575 596
773 770 702 678 676 551 577 710 600 455 525 682 714 797 769 757 800 703 837
1,406 1,425 1,317 1,261 1,237 1,009 1,100 1,318 1,169 998 1,150 1,385 1,456 1,545 1,471 1,450 1,511 1,278 1,433
Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22
697 691 739 793 754 735 727 660 663 637 528 498 544 603 592 583 509
960 979 1,030 1,157 1,068 1,026 979 951 935 899 784 797 946 980 956 856 728
1,657 1,670 1,769 1,950 1,822 1,761 1,706 1,611 1,598 1,536 1,312 1,295 1,490 1,583 1,548 1,439 1,237
Jul-22
479
676
1,155
Total Inventory In Escrow: Single-Family Homes + Condos
Total Inventory In Escrow July
SFH
YoY %chg
CND
YoY %chg
2020
742
17.2%
714
-7.6%
2021
735
-0.9%
1,026
43.7%
2022
479
-34.8%
676
-34.1%
SFH (Jul) Listings
Single-Family Homes
2020
2021
2022
CND (Jul) Listings
Mo/Yr
Listings
(The number of properties in escrow at the end of the given month / combined listings in ES and EN status)
2020
2021
2022
*New indicator added to reports as of 2021, including applicable historical data.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 11 of 34
Months Supply of Active Inventory*
July 2022 OAHU, HAWAII
(Compares active inventory to a rolling 12-month average closed sales)
Mo/Yr
Single-Family Homes
Jul-19
3.8
4.1
Aug-19
3.6
4.1
Sep-19
3.6
4.2
Oct-19
3.5
4.2
Nov-19
3.2
4.0
Dec-19
2.7
3.7
Jan-20
2.7
3.9
Feb-20
2.6
3.9
Mar-20
2.6
4.1
Apr-20
2.6
4.2
May-20
2.6
4.5
Jun-20
2.2
4.5
Months of Inventory
Condos
Jul-20
2.1
4.6
Aug-20
1.8
4.6
Sep-20
1.7
4.5
Oct-20
1.7
4.4
Nov-20
1.6
4.3
Dec-20 Jan-21
1.3 1.3
3.7 3.6
Feb-21
1.1
3.3
July
SFH
YoY %chg
CND
Months Supply of Active Inventory
Active Inventory vs. Closed Sales YoY %chg
Mar-21
1.2
3.0
2020
2.1
-44.7%
4.6
12.2%
Apr-21
1.1
2.5
2021
1.1
-47.6%
1.8
-60.9%
2022
1.6
45.5%
1.7
-5.6%
2.1
1.0
2.0
Jul-21
1.1
1.8
Aug-21
1.1
1.7
Sep-21
1.2
1.8
Oct-21
1.1
1.8
Nov-21
1.0
1.7
Dec-21
0.8
1.6
Jan-22
0.8
1.6
Feb-22
0.9
1.6
Mar-22
1.0
1.5
Apr-22
1.1
1.5
May-22
1.3
1.5
Jun-22
1.5
1.6
Jul-22
1.6
1.7
SFH (Jul) Months of Inventory
1.0
Jun-21
2020
2021
2022
CND (Jul) Months of Inventory
May-21
2020
2021
2022
*Methodology updated as of 2021 (also applied to historical data shown on this chart). Months of Inventory, in reports prior to 2021, reflect a comparison of active listings to average pending sales.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 12 of 34
Housing Supply Overview July 2022 OAHU, HAWAII (A year-over-year overview of the availability and sales of properties in a given month, by price range)
Closed Sales Single-Family Homes
Jul-22
Jul-21
$449,999 and below
4
4
$450,000 - $599,999
6
$600,000 - $699,999
Percent of Original List Price Received
New Listings
Pending Sales
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
0.0%
83
15
453.3%
82.7%
100.0%
-17.3%
2
6
-66.7%
2
5
-60.0%
5
7
21
-71.4%
17
8
112.5%
99.3%
103.6%
-4.2%
4
20
-80.0%
8
19
-57.9%
7
8
27
-70.4%
18
9
100.0%
98.6%
103.0%
-4.3%
18
28
-35.7%
13
36
-63.9%
$700,000 - $799,999
19
33
-42.4%
8
9
-11.1%
100.0%
103.4%
-3.3%
29
50
-42.0%
26
51
$800,000 - $899,999
38
66
-42.4%
10
9
11.1%
100.0%
106.2%
-5.8%
49
69
-29.0%
31
$900,000 - $999,999
54
52
3.8%
10
9
11.1%
102.3%
104.4%
-2.0%
54
65
-16.9%
$1,000,000 - $1,499,999
115
124
-7.3%
12
9
33.3%
100.0%
104.0%
-3.8%
128
122
$1,500,000 - 1,999,999
37
39
-5.1%
10
9
11.1%
101.3%
105.6%
-4.1%
47
$2,000,000 - $2,999,999
21
27
-22.2%
9
21
-57.1%
100.0%
98.3%
1.7%
$3,000,000 and above
10
11
-9.1%
12
21
-42.9%
100.0%
97.5%
312
404
-22.8%
11
9
22.2%
100.0%
103.9%
Closed Sales Condos
Median Days on Market
Total Inventory In Escrow
Active Inventory
Jul-22
All Single-Family Homes
%chg
Median Days on Market
Jul-22
Jul-21
-28.6%
6
17
13
-46.2%
21
25
10
150.0%
-49.0%
34
23
67
-53.7%
63
45
58
-22.4%
4.9%
117
117
54
-13.0%
33
30
28
7.1%
2.6%
25
27
-3.8%
386
469
Percent of Original List Price Received
Jul-22
Jul-21
%chg
-64.7%
1.7
1.0
70.0%
39
-46.2%
0.9
0.7
28.6%
23
70
-67.1%
1.8
0.3
500.0%
47.8%
46
95
-51.6%
1.2
0.4
200.0%
35
80.0%
53
102
-48.0%
1.4
0.6
133.3%
50
36
38.9%
70
85
-17.6%
1.0
0.8
25.0%
0.0%
153
89
71.9%
156
186
-16.1%
1.3
1.0
30.0%
51
-35.3%
73
57
28.1%
56
76
-26.3%
1.7
2.0
-15.0%
14
19
-26.3%
62
44
40.9%
30
41
-26.8%
2.7
2.3
17.4%
-7.4%
8
10
-20.0%
104
101
3.0%
18
24
-25.0%
6.1
9.2
-33.7%
-17.7%
297
433
-31.4%
576
415
38.8%
479
735
-34.8%
1.6
1.1
45.5%
New Listings
Pending Sales
%chg
%chg
Months Supply of Active Inventory
Total Inventory In Escrow
Active Inventory
Months Supply of Active Inventory
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
Jul-22
Jul-21
%chg
$149,999 and below
11
24
-54.2%
54
11
390.9%
89.2%
98.7%
-9.6%
10
21
-52.4%
21
26
-19.2%
26
42
-38.1%
28
45
-37.8%
1.4
2.1
-33.3%
$150,000 - $299,999
55
116
-52.6%
13
28
-53.6%
97.8%
98.0%
-0.2%
77
94
-18.1%
56
106
-47.2%
162
185
-12.4%
90
166
-45.8%
2.0
2.2
-9.1%
$300,000 - $399,999
105
104
1.0%
11
11
0.0%
100.0%
100.0%
0.0%
88
109
-19.3%
75
107
-29.9%
110
157
-29.9%
101
165
-38.8%
1.2
1.6
-25.0%
$400,000 - $499,999
82
111
-26.1%
10
8
25.0%
100.0%
100.4%
-0.4%
119
122
-2.5%
108
118
-8.5%
128
115
11.3%
132
183
-27.9%
1.2
1.1
9.1%
$500,000 - $599,999
78
87
-10.3%
10
9
11.1%
100.0%
100.0%
0.0%
77
93
-17.2%
75
100
-25.0%
83
80
3.8%
109
148
-26.4%
0.9
1.0
-10.0%
$600,000 - $699,999
59
78
-24.4%
14
9
55.6%
100.0%
101.5%
-1.5%
64
69
-7.2%
48
63
-23.8%
89
65
36.9%
74
104
-28.8%
1.3
1.1
18.2%
$700,000 - $999,999
92
111
-17.1%
12
10
20.0%
100.0%
100.0%
0.0%
126
95
32.6%
77
88
-12.5%
214
131
63.4%
100
134
-25.4%
2.0
2.4
-16.7%
$1,000,000 - $1,499,999
21
23
-8.7%
19
10
90.0%
96.6%
100.0%
-3.4%
38
41
-7.3%
13
34
-61.8%
114
56
103.6%
26
53
-50.9%
3.6
3.3
9.1%
$1,500,000 - $1,999,999
6
11
-45.5%
5
76
-93.4%
100.0%
92.9%
7.6%
11
9
22.2%
7
6
16.7%
61
42
45.2%
10
10
0.0%
6.8
8.4
-19.0%
$2,000,000 and above
9
6
50.0%
21
39
-46.2%
96.2%
94.7%
1.6%
6
11
-45.5%
4
10
-60.0%
63
96
-34.4%
6
18
-66.7%
6.3
16.0
-60.6%
518
671
-22.8%
12
11
9.1%
100.0%
100.0%
0.0%
616
664
-7.2%
484
658
-26.4%
1,050
969
8.4%
676
1,026
-34.1%
1.7
1.8
-5.6%
All Condos
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 13 of 34
Closed Sales by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (A count of properties that have closed in a given month)
Single-Family Homes
12-mth 12-mth Total This Total Last Period Period
%chg
Jul-22
Jul-21
%chg
$449,999 and below
4
4
0.0%
34
86
-60.5%
$450,000 - $599,999
6
21
-71.4%
90
228
-60.5%
$600,000 - $699,999
8
27
-70.4%
172
401
-57.1%
$700,000 - $799,999
19
33
-42.4%
347
661
-47.5%
$800,000 - $899,999
38
66
-42.4%
541
716
-24.4%
$900,000 - $999,999
54
52
3.8%
601
544
10.5%
$1,000,000 - $1,499,999
115
124
-7.3%
1,469
1,064
38.1%
$1,500,000 - 1,999,999
37
39
-5.1%
517
349
48.1%
$2,000,000 - $2,999,999
21
27
-22.2%
270
230
17.4%
$3,000,000 and above
10
11
-9.1%
204
132
54.5%
312
404
-22.8%
4,245
4,411
-3.8%
All Single-Family Homes
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 14 of 34
Closed Sales by Price Range: Condos July 2022 OAHU, HAWAII (A count of properties that have closed in a given month)
Condos
12-mth 12-mth Total This Total Last Period Period
%chg
Jul-22
Jul-21
%chg
$149,999 and below
11
24
-54.2%
217
234
-7.3%
$150,000 - $299,999
55
116
-52.6%
959
1,014
-5.4%
$300,000 - $399,999
105
104
1.0%
1,096
1,184
-7.4%
$400,000 - $499,999
82
111
-26.1%
1,282
1,251
2.5%
$500,000 - $599,999
78
87
-10.3%
1,089
1,002
8.7%
$600,000 - $699,999
59
78
-24.4%
799
690
15.8%
$700,000 - $999,999
92
111
-17.1%
1,256
659
90.6%
$1,000,000 - $1,499,999
21
23
-8.7%
380
203
87.2%
$1,500,000 - $1,999,999
6
11
-45.5%
110
60
83.3%
$2,000,000 and above
9
6
50.0%
121
77
57.1%
518
671
-22.8%
7,309
6,374
14.7%
All Condos
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 15 of 34
Median Days on Market by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (The median number of days from when a property is first listed to when an offer is accepted)
Jul-22
Jul-21
%chg
12-mth Median This Period
$449,999 and below
83
15
453.3%
11
18
-38.9%
$450,000 - $599,999
17
8
112.5%
12
10
20.0%
$600,000 - $699,999
18
9
100.0%
10
9
11.1%
$700,000 - $799,999
8
9
-11.1%
9
8
12.5%
$800,000 - $899,999
10
9
11.1%
10
8
25.0%
$900,000 - $999,999
10
9
11.1%
10
9
11.1%
$1,000,000 - $1,499,999
12
9
33.3%
10
9
11.1%
$1,500,000 - 1,999,999
10
9
11.1%
10
12
-16.7%
$2,000,000 - $2,999,999
9
21
-57.1%
12
24
-50.0%
$3,000,000 and above
12
21
-42.9%
28
55
-49.1%
All Single-Family Homes
11
9
22.2%
10
9
11.1%
Single-Family Homes
12-mth Median Last Period
%chg
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 16 of 34
Median Days on Market by Price Range: Condos July 2022 OAHU, HAWAII (The median number of days from when a property is first listed to when an offer is accepted)
Jul-22
Jul-21
%chg
12-mth Median This Period
$149,999 and below
54
11
390.9%
26
54
-51.9%
$150,000 - $299,999
13
28
-53.6%
18
34
-47.1%
$300,000 - $399,999
11
11
0.0%
12
18
-33.3%
$400,000 - $499,999
10
8
25.0%
10
11
-9.1%
$500,000 - $599,999
10
9
11.1%
10
10
0.0%
$600,000 - $699,999
14
9
55.6%
9
10
-10.0%
$700,000 - $999,999
12
10
20.0%
9
14
-35.7%
$1,000,000 - $1,499,999
19
10
90.0%
17
22
-22.7%
$1,500,000 - $1,999,999
5
76
-93.4%
18
44
-59.1%
$2,000,000 and above
21
39
-46.2%
46
66
-30.3%
All Condos
12
11
9.1%
11
15
-26.7%
Condos
12-mth Median Last Period
%chg
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 17 of 34
Median Percent of Original List Price Received by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (The percentage found when dividing a property's sales price by the original list price; reported percentage is the median of all sales for the period and price range indicated)
Single-Family Homes
Jul-22
Jul-21
%chg
12-mth Median This Period
12-mth Median Last Period
%chg
$449,999 and below
82.7%
100.0%
-17.3%
100.0%
98.5%
1.5%
$450,000 - $599,999
99.3%
103.6%
-4.2%
100.0%
100.0%
0.0%
$600,000 - $699,999
98.6%
103.0%
-4.3%
100.8%
100.2%
0.6%
$700,000 - $799,999
100.0%
103.4%
-3.3%
102.2%
101.4%
0.8%
$800,000 - $899,999
100.0%
106.2%
-5.8%
102.7%
101.7%
1.0%
$900,000 - $999,999
102.3%
104.4%
-2.0%
102.6%
101.6%
1.0%
$1,000,000 - $1,499,999
100.0%
104.0%
-3.8%
102.6%
100.1%
2.5%
$1,500,000 - 1,999,999
101.3%
105.6%
-4.1%
102.3%
100.0%
2.3%
$2,000,000 - $2,999,999
100.0%
98.3%
1.7%
100.1%
97.8%
2.4%
$3,000,000 and above
100.0%
97.5%
2.6%
96.9%
96.0%
0.9%
All Single-Family Homes
100.0% 103.9%
-3.8%
102.0%
100.3%
1.7%
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 18 of 34
Median Percent of Original List Price Received by Price Range: Condos July 2022 OAHU, HAWAII (The percentage found when dividing a property's sales price by the original list price; reported percentage is the median of all sales for the period and price range indicated)
Condos
Jul-22
Jul-21
%chg
12-mth Median This Period
$149,999 and below
89.2%
98.7%
-9.6%
96.6%
92.8%
4.1%
$150,000 - $299,999
97.8%
98.0%
-0.2%
98.6%
96.9%
1.8%
$300,000 - $399,999
100.0%
100.0%
0.0%
100.0%
98.6%
1.4%
$400,000 - $499,999
100.0%
100.4%
-0.4%
100.0%
100.0%
0.0%
$500,000 - $599,999
100.0%
100.0%
0.0%
100.2%
100.0%
0.2%
$600,000 - $699,999
100.0%
101.5%
-1.5%
100.8%
100.0%
0.8%
$700,000 - $999,999
100.0%
100.0%
0.0%
100.2%
99.7%
0.5%
$1,000,000 - $1,499,999
96.6%
100.0%
-3.4%
98.5%
98.0%
0.5%
$1,500,000 - $1,999,999
100.0%
92.9%
7.6%
97.7%
94.3%
3.6%
$2,000,000 and above
96.2%
94.7%
1.6%
95.0%
95.7%
-0.7%
0.0%
100.0%
99.2%
0.8%
All Condos
100.0% 100.0%
12-mth Median Last Period
%chg
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 19 of 34
New Listings by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (A count of properties that have been newly listed on the market in a given month)
Jul-22
Jul-21
%chg
12-mth Total This Period
$449,999 and below
2
6
-66.7%
28
76
-63.2%
$450,000 - $599,999
4
20
-80.0%
101
229
-55.9%
$600,000 - $699,999
18
28
-35.7%
209
466
-55.2%
$700,000 - $799,999
29
50
-42.0%
408
676
-39.6%
$800,000 - $899,999
49
69
-29.0%
608
729
-16.6%
$900,000 - $999,999
54
65
-16.9%
683
573
19.2%
$1,000,000 - $1,499,999
128
122
4.9%
1,411
1,062
32.9%
$1,500,000 - 1,999,999
47
54
-13.0%
529
423
25.1%
$2,000,000 - $2,999,999
30
28
7.1%
320
270
18.5%
$3,000,000 and above
25
27
-7.4%
299
240
24.6%
386
469
-17.7%
4,596
4,744
-3.1%
Single-Family Homes
All Single-Family Homes
12-mth Total Last Period
%chg
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 20 of 34
New Listings by Price Range: Condos July 2022 OAHU, HAWAII (A count of properties that have been newly listed on the market in a given month)
Jul-22
Jul-21
%chg
12-mth Total This Period
$149,999 and below
10
21
-52.4%
214
289
-26.0%
$150,000 - $299,999
77
94
-18.1%
1,074
1,291
-16.8%
$300,000 - $399,999
88
109
-19.3%
1,247
1,454
-14.2%
$400,000 - $499,999
119
122
-2.5%
1,398
1,436
-2.6%
$500,000 - $599,999
77
93
-17.2%
1,165
1,110
5.0%
$600,000 - $699,999
64
69
-7.2%
910
735
23.8%
$700,000 - $999,999
126
95
32.6%
1,341
849
58.0%
$1,000,000 - $1,499,999
38
41
-7.3%
458
321
42.7%
$1,500,000 - $1,999,999
11
9
22.2%
181
120
50.8%
$2,000,000 and above
6
11
-45.5%
184
192
-4.2%
616
664
-7.2%
8,172
7,797
4.8%
Condos
All Condos
12-mth Total Last Period
%chg
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 21 of 34
Pending Sales by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (A measure of contract activity / a count of properties that have had offers accepted on them in a given month)
Single-Family Homes
12-mth 12-mth Total This Total Last Period Period
%chg
Jul-22
Jul-21
%chg
$449,999 and below
2
5
-60.0%
33
86
-61.6%
$450,000 - $599,999
8
19
-57.9%
115
255
-54.9%
$600,000 - $699,999
13
36
-63.9%
211
520
-59.4%
$700,000 - $799,999
26
51
-49.0%
390
693
-43.7%
$800,000 - $899,999
31
67
-53.7%
586
749
-21.8%
$900,000 - $999,999
45
58
-22.4%
671
568
18.1%
$1,000,000 - $1,499,999
117
117
0.0%
1,321
1,046
26.3%
$1,500,000 - 1,999,999
33
51
-35.3%
452
381
18.6%
$2,000,000 - $2,999,999
14
19
-26.3%
241
234
3.0%
$3,000,000 and above
8
10
-20.0%
186
134
38.8%
297
433
-31.4%
4,206
4,666
-9.9%
All Single-Family Homes
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 22 of 34
Pending Sales by Price Range: Condos July 2022 OAHU, HAWAII (A measure of contract activity / a count of properties that have had offers accepted on them in a given month)
Condos
12-mth 12-mth Total This Total Last Period Period
%chg
Jul-22
Jul-21
%chg
$149,999 and below
21
26
-19.2%
218
249
-12.4%
$150,000 - $299,999
56
106
-47.2%
924
1,095
-15.6%
$300,000 - $399,999
75
107
-29.9%
1,180
1,301
-9.3%
$400,000 - $499,999
108
118
-8.5%
1,319
1,352
-2.4%
$500,000 - $599,999
75
100
-25.0%
1,036
1,050
-1.3%
$600,000 - $699,999
48
63
-23.8%
823
705
16.7%
$700,000 - $999,999
77
88
-12.5%
1,068
711
50.2%
$1,000,000 - $1,499,999
13
34
-61.8%
332
233
42.5%
$1,500,000 - $1,999,999
7
6
16.7%
107
66
62.1%
$2,000,000 and above
4
10
-60.0%
110
86
27.9%
484
658
-26.4%
7,117
6,848
3.9%
All Condos
This 12-month period reflects the consecutive12-month period up through the current month, while last period reflects the same 12-month period one year prior.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 23 of 34
Active Inventory* by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (The number of properties active on market at the end of a given month)
Single-Family Homes
Jul-22
Jul-21
YOY chg
$449,999 and below
5
7
-28.6%
$450,000 - $599,999
7
13
-46.2%
$600,000 - $699,999
25
10
150.0%
$700,000 - $799,999
34
23
47.8%
$800,000 - $899,999
63
35
80.0%
$900,000 - $999,999
50
36
38.9%
$1,000,000 - $1,499,999
153
89
71.9%
$1,500,000 - 1,999,999
73
57
28.1%
$2,000,000 - $2,999,999
62
44
40.9%
$3,000,000 and above
104
101
3.0%
All Single-Family Homes
576
415
38.8%
Active Inventory - Percent Share by Price Range (portion of total active status listings represented by a given price range)
*Indicator modified as of 2021 to reflect Active status listings only and applied to historical monthly data shown above. Previous report indicator, referred to as Active Listings, reflected all actively marketed listings in A and ES status.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 24 of 34
Active Inventory* by Price Range: Condos July 2022 OAHU, HAWAII (The number of properties active on market at the end of a given month)
Condos
Jul-22
Jul-21
YOY chg
$149,999 and below
26
42
-38.1%
$150,000 - $299,999
162
185
-12.4%
$300,000 - $399,999
110
157
-29.9%
$400,000 - $499,999
128
115
11.3%
$500,000 - $599,999
83
80
3.8%
$600,000 - $699,999
89
65
36.9%
$700,000 - $999,999
214
131
63.4%
$1,000,000 - $1,499,999
114
56
103.6%
$1,500,000 - $1,999,999
61
42
45.2%
$2,000,000 and above
63
96
-34.4%
1,050
969
8.4%
Active Inventory - Percent Share by Price Range (portion of total active status listings represented by a given price range)
All Condos
*Indicator modified as of 2021 to reflect Active status listings only and applied to historical monthly data shown above. Previous report indicator, referred to as Active Listings, reflected all actively marketed listings in A and ES status.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 25 of 34
Active Inventory*: Single-Family Homes and Condos
July 2022
Listings
OAHU, HAWAII
Single-Family Homes
565
529
521
503
419
417
350
379
381
337
377
415
416
437
401
366
309
311
348
360
395
471
527
576
Lisings
642
Condos
*Indicator modified as of 2021 to reflect Active status listings only and applied to historical monthly data shown above. Previous report indicator, referred to as Active Listings, reflected all actively marketed listings in A and ES status.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 26 of 34
Total Inventory In Escrow* by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (The number of properties in an escrow status at the end of a given month)
Single-Family Homes
Jul-22
Jul-21 YOY chg
$449,999 and below
6
17
-64.7%
$450,000 - $599,999
21
39
-46.2%
$600,000 - $699,999
23
70
-67.1%
$700,000 - $799,999
46
95
-51.6%
$800,000 - $899,999
53
102
-48.0%
$900,000 - $999,999
70
85
-17.6%
Total Inventory In Escrow - Percent Share by Price Range $1,000,000 - $1,499,999
156
186
-16.1%
$1,500,000 - 1,999,999
56
76
-26.3%
$2,000,000 - $2,999,999
30
41
-26.8%
$3,000,000 and above
18
24
-25.0%
479
735
-34.8%
All Single-Family Homes
(portion of total inventory in escrow represented by a given price range)
*New indicator added to reports as of 2021, including applicable historical data.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 27 of 34
Total Inventory In Escrow* by Price Range: Condos July 2022 OAHU, HAWAII (The number of properties in an escrow status at the end of a given month)
Condos
Jul-22
Jul-21 YOY chg
$149,999 and below
28
45
-37.8%
$150,000 - $299,999
90
166
-45.8%
$300,000 - $399,999
101
165
-38.8%
$400,000 - $499,999
132
183
-27.9%
$500,000 - $599,999
109
148
-26.4%
$600,000 - $699,999
74
104
-28.8%
Total Inventory In Escrow - Percent Share by Price Range $700,000 - $999,999
100
134
-25.4%
$1,000,000 - $1,499,999
26
53
-50.9%
$1,500,000 - $1,999,999
10
10
0.0%
$2,000,000 and above
6
18
-66.7%
676
1,026
-34.1%
All Condos
(portion of total inventory in escrow represented by a given price range)
*New indicator added to reports as of 2021, including applicable historical data.
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 28 of 34
Months Supply of Active Inventory by Price Range: Single-Family Homes July 2022 OAHU, HAWAII (Compares active inventory to a rolling 12-month average closed sales)
Jul-22
Jul-21 YOY chg
$449,999 and below
1.7
1.0
70.0%
$450,000 - $599,999
0.9
0.7
28.6%
$600,000 - $699,999
1.8
0.3
500.0%
$700,000 - $799,999
1.2
0.4
200.0%
$800,000 - $899,999
1.4
0.6
133.3%
$900,000 - $999,999
1.0
0.8
25.0%
$1,000,000 - $1,499,999
1.3
1.0
30.0%
$1,500,000 - 1,999,999
1.7
2.0
-15.0%
$2,000,000 - $2,999,999
2.7
2.3
17.4%
$3,000,000 and above
6.1
9.2
-33.7%
All Single-Family Homes
1.6
1.1
45.5%
Months of Inventory
Single-Family Homes
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
Page 29 of 34
Months Supply of Active Inventory by Price Range: Condos July 2022 OAHU, HAWAII (Compares active inventory to a rolling 12-month average closed sales)
Jul-22
Jul-21 YOY chg
$149,999 and below
1.4
2.1
-33.3%
$150,000 - $299,999
2.0
2.2
-9.1%
$300,000 - $399,999
1.2
1.6
-25.0%
$400,000 - $499,999
1.2
1.1
9.1%
$500,000 - $599,999
0.9
1.0
-10.0%
$600,000 - $699,999
1.3
1.1
18.2%
$700,000 - $999,999
2.0
2.4
-16.7%
$1,000,000 - $1,499,999
3.6
3.3
9.1%
$1,500,000 - $1,999,999
6.8
8.4
-19.0%
$2,000,000 and above
6.3
16.0
-60.6%
All Condos
1.7
1.8
-5.6%
Months of Inventory
Condos
SOURCE: Honolulu Board of REALTORS®, residential resales compiled from MLS data. ©2022. Honolulu Board of REALTORS®. All Rights Reserved. Information herein deemed reliable but not guaranteed.
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